Asta Syndicates results and forecasts

Asta Managing Agency Limited has provided results and updated forecasts for all its managed syndicates as at 31 December 2020

Syndicate 1729 (Dale Underwriting Partners)

Year of account	Capacity £000s	Result/Revised forecast Range	Previous Forecast Range	Change at Midpoint
2018	131,808	-6.2% loss	-12.5% to 2.5%	1.2 points worse
2019	127,684	-5.0% to 10.0%	-5.0% to 10.0%	unchanged

Syndicate 2525

Year of account	Capacity £000s	Result/Revised forecast Range	Previous Forecast Range	Change at Midpoint
2018	64,365	6.4% profit	0.0% to 10.0%	1.4 points better
2019	69,625	0.0% to 15.0%	0.0% to 15.0%	unchanged

Syndicate 2689 (Verto)

Year of account	Capacity £000s	Result/Revised forecast Range	Previous Forecast Range	Change at Midpoint
2018	98,320	-22.3% loss	-30.3% to -20.3%	3 points better
2019	69,084	-15.0% to 0.0%	-15.0% to 0.0%	unchanged

Syndicate 4242 (Beat Capital)

Year of account	Capacity £000s	Result/Revised forecast Range	Previous Forecast Range	Change at Midpoint
2018	110,000	-37.1% loss	-43.9% to -33.9%	1.8 points better
2019	165,000	-20.9% to -10.9%	-15.0% to -5.0%	5.9 points worse

This syndicate’s 2017 year of account remains open at 31 December 2020. The estimated loss has been amended to a range between -63.63% to -47.90% of capacity. This represents an improvement of 2.4 points to the range given as at 30 September, although a deterioration of 1.2 points in the calendar year.

Syndicate 5886 (Blenheim)

Year of account	Capacity £000s	Result/Revised forecast Range	Previous Forecast Range	Change at Midpoint
2018	179,796	-7.7% loss	-10.0% to -5.0%	0.2 points worse
2019	214,760	-6.0% to 8.0%	-6.0% to 8.0%	unchanged

SPA 6123 (ICAT)

Year of account	Capacity £000s	Result/Revised forecast Range	Previous Forecast Range	Change at Midpoint
2018	20,000	-43.6% loss	-47.0% to -37.0%	1.6 points worse
2019	35,000	-38.6% to -28.6%	-35.6% to -25.6%	3 points worse

All syndicate results and forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses other than members’ agents’ fees.

A summary of all results and forecasts received to date is available here.

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